eToro pioneered social trading and copy trading. With 35+ million users and regulation across 4 continents, it's the world's most popular multi-asset trading platform. Here's what crypto investors need to know.
eToro is the best choice for social and copy trading — its unique CopyTrader feature lets you automatically mirror top investors' portfolios. It's regulated in the UK, EU, US, and Australia, making it one of the most compliant platforms globally. Main downside: spreads are higher than pure crypto exchanges, and the coin selection (80+) is smaller than competitors.
eToro was founded in 2007 and has grown into one of the world's leading cryptocurrency platforms. With 80+ supported cryptocurrencies and a user base of UK/EU/US/AU, it serves a diverse range of investors from beginners to professional traders.
The platform's core strengths are reflected in its tagline: Best social trading platform · Copy trading · 80+ coins. In 2026, eToro continues to evolve its product offering while maintaining its core value proposition for its target users.
eToro's fee structure is competitive within its market segment. The headline maker fee of 1% typical positions it well against major competitors. As with all exchanges, the actual cost depends on your trading volume, payment method, and which interface you use.
Always check the current fee schedule on eToro's official website before trading, as fees can change. Volume-based tiers can significantly reduce fees for active traders — the top tiers are often accessible at lower volume thresholds than users expect.
Fee tip: Use the professional/advanced trading interface if available — retail app interfaces often charge significantly higher spreads or flat fees than the exchange's published maker/taker rates.
eToro maintains industry-standard security practices including cold storage for the majority of customer funds, mandatory two-factor authentication, and regular security audits. The platform holds relevant regulatory licenses in its operating jurisdictions.
As with any centralized exchange, the core security principle applies: only keep on the exchange what you are actively trading. Long-term holdings should be moved to a hardware wallet for maximum security.
Security best practice: Enable 2FA using an authenticator app (not SMS), use a unique strong password, and whitelist withdrawal addresses. Consider moving significant long-term holdings to a hardware wallet.
eToro offers a comprehensive suite of products beyond basic spot trading. The platform has expanded significantly in 2026, adding or improving features across staking, yield products, and advanced trading tools. Its ecosystem reflects its core positioning: Best social trading platform · Copy trading · 80+ coins.
The feature set is particularly well-suited to its target audience. Users looking for capabilities outside that core positioning may find competitor platforms better suited to specific needs.
| User Type | Verdict | Reason |
|---|---|---|
| Social/copy traders | Excellent | CopyTrader is unique and genuinely useful |
| Multi-asset investors | Great | Crypto + stocks + ETFs in one account |
| Beginners | Great | Very clean UI, regulated, easy to use |
| Active crypto traders | Poor | Spreads too high, limited order types |
| Altcoin hunters | Poor | Only 80+ coins, far fewer than competitors |
eToro occupies a unique niche: it's not trying to be the cheapest or deepest crypto exchange — it's a social investing platform that includes crypto alongside stocks and ETFs. For investors who want to copy successful traders, hold both crypto and traditional assets, and benefit from strong regulatory protection, eToro is an excellent choice. For pure crypto trading, active traders, or altcoin investors, you'll be better served by Kraken or Binance.
CopyTrader lets you allocate funds to copy another investor's portfolio proportionally in real-time. When they buy or sell, your account mirrors the trade. You can copy multiple traders simultaneously with different allocations. Performance stats, risk scores, and historical returns are all visible before you copy.
eToro doesn't charge a trading commission but makes money through the bid-ask spread — typically around 1% for major coins. There's also a $5 withdrawal fee and inactivity fee ($10/month after 12 months of inactivity). The effective cost is higher than dedicated crypto exchanges.
Yes — eToro is available in the US for crypto trading only (stocks and copy trading of stocks are not available to US users due to SEC regulations). The US platform supports major cryptocurrencies but has a more limited feature set than the global version.
Yes — eToro has a separate eToro Wallet app for self-custody. You can transfer coins from your eToro trading account to the wallet. The wallet supports a limited range of coins. For full self-custody control, consider a dedicated hardware wallet like Ledger or Trezor.
Risk Disclaimer: Crypto investing involves significant risk, including possible loss of principal. This review is for informational purposes only and does not constitute financial advice.